The following table provides summary statistics for contract job vacancies advertised in Birmingham with a requirement for Economics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Economics over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.
Economics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Birmingham with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills |
620 |
773 |
1,201 |
| As % of all contract IT jobs advertised in Birmingham |
82.67% |
87.94% |
92.10% |
| Number of daily rates quoted |
403 |
515 |
865 |
| 10th Percentile |
£250 |
£276 |
£225 |
| 25th Percentile |
£375 |
£400 |
£375 |
| Median daily rate (50th Percentile) |
£475 |
£513 |
£475 |
| Median % change year-on-year |
-7.32% |
+7.89% |
+11.76% |
| 75th Percentile |
£575 |
£638 |
£595 |
| 90th Percentile |
£685 |
£700 |
£688 |
| West Midlands median daily rate |
£500 |
£513 |
£488 |
| % change year-on-year |
-2.44% |
+5.13% |
+14.71% |
| Number of hourly rates quoted |
43 |
29 |
22 |
| 10th Percentile |
£13.19 |
£11.00 |
£12.05 |
| 25th Percentile |
£17.00 |
£12.50 |
£13.81 |
| Median hourly rate |
£26.00 |
£16.29 |
£17.24 |
| Median % change year-on-year |
+59.66% |
-5.54% |
-4.22% |
| 75th Percentile |
£47.13 |
£28.75 |
£18.00 |
| 90th Percentile |
£56.25 |
£62.50 |
£19.87 |
| West Midlands median hourly rate |
£22.50 |
£19.00 |
£16.83 |
| % change year-on-year |
+18.42% |
+12.93% |
+0.03% |
